Nissan takes 34% controlling stake in Mitsubishi
 

Well this started as a speculation thread on a rumor. But it is now official. Nissan is now the largest shareholder of Mitsubishi Motors holding 34%, spending $2.2 billion dollars in the purchase. They have stated that Mitsubishi will stay its own brand and grow itself again, and they are investing in that regrowth. More on it here: http://jalopnik.com/nissan-will-take...ors-1776219367

Thoughts? Speculations?

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Original Post:

Just saw this article:

http://jalopnik.com/nissan-in-talks-...ium=socialflow

I know its Jalopnik... But if there is some truth to this, what are your thoughts on it?
Good or Bad?

Another article posted on Road and Track. Might actually have something to this... http://www.roadandtrack.com/car-cult...er-mitsubishi/

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Personally I feel like this could be a good thing. Nissan seems to be doing quite well for themselves lately. Perhaps they would see what once made Mitsubishi great and try to pump some life back into it. Im not entirely a fan of Nissan's styling for the last few years, but surely they would make a point to keep the two styles separated. Im curious if they would be interested in bringing back any of Mitsu's good cars such as the Evo, Eclipse, 3000GT, and so on.

seems good since nissan has great engineering and sales and the only thing mitsu had going for them was the evo.
a good portion of murica wouldnt be caught dead buying a used non evo mits

Thats pretty interesting. I can only imagine a 4b11 or 4g63 with a nissan engineered syntronic trans.. But It ill probably never happen.

With their 16.5% holding, Toyota (7203) has been running Subaru (7270) incredibly well, magnifying Subaru's strength as a niche car, nerd car, and hoon car automaker, while avoiding much cannibalism between the two brands.

I'm not quite sure if Nissan (7201) were to buy Mitsubishi (7211), they could do a job nearly as fantastic as Toyota.{pcfreak}

I think this could be great. Mitsubishi has been seriously lacking on new technology. On top of that their marketing sucks. I think Nissan could really help them out.

Nissan is owned by Renault
Nissan has GTR for top
can use Evo for midrange performance flagship

Would make sense since, Toyota/Subaru(ae86-FRS/BRZ) Nissan/Mitsubishi(Silvia S16/GSX?)

Now all we need is the return of the rx7 so maybe Honda/Mazda team up for that one lol.

Interesting. But the cars Mitsu were cheating on were the kei cars being rebadged as Nissans.
So would Nissan take over all of Mitsu's models, or only the microcars?

For me, it'd be a good thing, as there aren't any Mitsu dealers within an hour of where I'm moving, but Nissan makes cars in Tennessee.

So ... a US made EVO? :p
(Would give them a nice price point differential from the GT-R.)
(Compare the 3000GT to the US-built diamond-star Eclipse.)

But Mitsu has been putting their chips on the Outlander, and Nissan already has the Rogue.
So I suspect only the kei cars would be retained.

A Nissan sale might remove Mitsu from the US market completely.

Best thing to ever happen to Mitsubishi.

I'm excited, Nissan still makes cool cars. Maybe they will do something with the EVO platform.

It also opens up the Renault lineup to be rebranded for the US market. I would like to see the Clio sport sold here

Well there it is. Its official.

http://jalopnik.com/nissan-will-take...ors-1776219367

Adding this to the opening post.

Fantastic news!

I read the article a few days ago, I think this is great. Hopefully this means a Evo for us in 4-5 years. And finally shut all that crap that the new STi has the best steering feel and that RS BS everybody is raving about.


In addition, I wonder if the value of Evo's will plummet? Is this the best time to sell my evo?